Manager - Compliance Monitoring & Testing

OVI; Dubai; On-site; AED 420,000 - 720,000; Full time

Benefits offered by this job

Lead with career development

Leadership opportunities

Competitive salary and benefits

Dynamic and supportive environment

Job summary

UAE Bank (Client of OVI) is seeking a Manager of Compliance Monitoring & Testing to lead the bank’s second-line assurance over its compliance obligations. You will own the monitoring and testing plan, review first-line activity, and report results to senior management and the Board.

The ideal candidate has 7+ years in banking and regulatory compliance, with strong UAE framework knowledge and leadership experience to coach a CMAT team. A rigorous, analytical mindset is essential.

Qualifications

• At least 7 years in banking and financial services with 4 years in compliance monitoring.
• Strong knowledge of UAE regulatory framework, including CBUAE regulations.
• Experience designing and running a risk-based monitoring programme.
• Experience reporting to senior management or Board-level committees.
• Experience managing or mentoring a team.
• Bachelor’s degree in Finance, Law, Business or related field.

Responsibilities

• Design, own and maintain the annual risk-based compliance monitoring and testing plan.
• Lead and carry out compliance reviews, including scoping, walkthroughs, and testing.
• Rate findings by risk, agree remedial actions, and track them to closure.
• Challenge first-line control owners to improve the quality of controls.
• Prepare compliance monitoring reports for senior management and the Board.
• Review and improve the monitoring and testing methodology and tools.
• Maintain the controls library and align testing with regulatory obligations.
• Liaise with Internal Audit, Risk, and external auditors.
• Lead, coach, and develop CMAT analysts and reviewers.
• Keep up to date with changes to UAE regulation.

Skills

Banking experience

Compliance monitoring

Risk-based monitoring

Regulatory knowledge UAE

Board reporting

Leadership

Education

Bachelor’s degree in Finance, Law or related

Job description

About the Role

We are searching on behalf of our client for this role. This position is not with OVI. Join a leading UAE bank as a Manager of Compliance Monitoring & Testing, where you'll lead the bank’s second-line assurance over its compliance obligations. You'll own the monitoring and testing plan, lead reviews of the first line, and report results to senior management and the Board.

Key Responsibilities

• Design, own and maintain the annual risk-based compliance monitoring and testing plan.
• Lead and carry out compliance reviews, including scoping, walkthroughs, and testing.
• Rate findings by risk, agree remedial actions, and track them to closure.
• Challenge first-line control owners to improve the quality of controls.
• Prepare compliance monitoring reports for senior management and the Board.
• Review and improve the monitoring and testing methodology and tools.
• Maintain the controls library and align testing with regulatory obligations.
• Liaise with Internal Audit, Risk, and external auditors.
• Lead, coach, and develop CMAT analysts and reviewers.
• Keep up to date with changes to UAE regulation.

Your Profile

• At least 7 years in banking and financial services, with 4 years in compliance monitoring.
• Strong knowledge of UAE regulatory framework, including CBUAE regulations.
• Proven experience in designing and running a risk-based monitoring programme.
• Experience reporting to senior management or Board-level committees.
• Experience managing or mentoring a team.
• Bachelor’s degree in Finance, Law, Business or related field.
• Excellent analytical, report-writing, and communication skills.

What's Offered

• Opportunity to work with a leading UAE bank.
• Professional development and leadership opportunities.
• Competitive salary and benefits package.
• Dynamic and supportive work environment.

Ideal Candidate

The ideal candidate is a seasoned compliance professional with a strong background in UAE banking regulations. You are analytical, communicative, and confident in challenging senior stakeholders. You thrive in a dynamic environment and are eager to lead and mentor a team while continuously improving compliance processes.